Bitcoin prices are tumbling as investors react with disappointment following the much-anticipated crypto summit hosted by former U.S. President Donald Trump. The market had hoped for decisive action, but what emerged fell short of expectations — and investors are now pulling back.

On Thursday, the U.S. government announced plans to establish a strategic Bitcoin reserve, composed of approximately 200,000 BTC seized by U.S. authorities. While this move initially sounded promising, the crypto community had been expecting far more concrete steps, such as active Bitcoin purchases to build the reserve — which never materialized.

Market Reaction Reflects Unmet Expectations

“Market participants were clearly disappointed, as many had hoped that the U.S. government would soon actively enter the market and start buying Bitcoin,” explained Marcel Heinrichsmeier, crypto analyst at DZ BANK.
“Still, these developments can be seen as structurally positive for the long-term future of crypto, as the industry continues to gain prominence in the U.S.,” he added.

At the summit, Trump once again reaffirmed his support for the cryptocurrency sector, but this verbal commitment was not enough to boost investor confidence in the short term.

Regulatory Uncertainty Keeps Market Under Pressure

For now, the broader cryptocurrency market remains under pressure, weighed down by regulatory uncertainties and growing risk aversion among investors, according to Naeem Aslam, an analyst at Zaye Capital.

Aslam also pointed out that the frequent and chaotic announcements by Trump regarding trade policies continue to unsettle the markets, leading investors to seek refuge in safer assets.

In summary, while Trump’s statements may hold long-term symbolic value for the crypto space, the lack of immediate action and persistent regulatory ambiguity are contributing to short-term market weakness.